Stocks continue relief rally for third day
Stocks soared Thursday morning before leveling out midday, with talks of potential trade deals buoying investor confidence.
CRE market sentiment dropped by most in Q1 since pandemic, survey finds
WASHINGTON (Reuters) -Optimism in the U.S. market for commercial real estate financing witnessed its second largest drop ever in the first quarter, triggered by President Donald Trump's new tariff policies, a new survey found. In a survey of CRE financing participants conducted from March 31 to April 7, the CRE Finance Council said Wednesday that optimism in the sector fell 30.5% since the fourth quarter. Eighty percent of those surveyed said they expected economic conditions to worsen over the next 12 months, versus just 12% saying so in the fourth quarter of 2024, according to the survey.
Strategy Stock Could Climb as New Rival Twenty One Validates Its Bitcoin Strategy
TD Cowen says launch of Twenty One could shift institutional sentiment and validate MSTR’s long-term bitcoin strategy.
Bitcoin hovers above $90,000 as Trump backs off Powell and trade talks advance
The crypto market has made gains this week with Solana adding 14% and XRP adding 5%.
When will mortgage rates go down? Predictions in an unsteady economy.
When will mortgage rates go down so you can finally buy a home? Actually, you may not want to wait for lower rates. Learn more about mortgage rate predictions.
Derivatives exchange CME set to launch XRP futures in crypto push
(Reuters) -CME Group will launch futures contracts tied to the XRP cryptocurrency next month, the derivatives exchange said on Thursday, aiming to tap into the growing interest in tokens other than bitcoin and ether. Futures contracts let traders bet on or hedge against the future price movements of an asset, without owning it. CME's move highlights a push to offer sophisticated trading tools for altcoins — which typically refer to tokens smaller than bitcoin and ether.
Jobless claims edged up, showing labor market steady as tariffs bite
Disruptions from Trump’s import duties will probably roil the job market in coming weeks, according to economists.
Why Bitcoin's Biggest Moment Has Finally Arrived
Bitcoin is once again bucking its correlation with tech, but this time feels different
Fed officials argue for patience while gauging tariff impact
NEW YORK (Reuters) -Federal Reserve officials speaking in television interviews on Thursday indicated they see no urgency for a change in monetary policy as they seek more information to determine how the Trump administration’s trade tariffs are affecting the economy. Fed Governor Christopher Waller said in a Bloomberg interview that given the cadence of the administration’s shifts on import taxes, it wouldn’t be until some time this summer that some sense of how this is playing out will start to emerge, which suggests no imminent change in monetary policy. “I don't think you're going to see enough happen in the real data in the next couple of months, until you get past July,” Waller said.
These 3 Charts Show How Consumers Feel Worse About the Economy Than They Did in 2008
People feel worse about the economic future than during the 2008 financial crisis, as their worries about inflation and tariffs grow.